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Latest: Asia Stock Market News

Beijing’s Crackdown Wiped $1.1 Trillion Off Chinese Big Tech
Beijing’s Crackdown Wiped $1.1 Trillion Off Chinese Big Tech

Investors are now hoping the strict rules that have stymied growth since late 2020 will start to ease, after China's central bank slapped a nearly $1 billion fine on Ant Group

Hang Seng Lifted by China Data, Tech; Yen Drags on Nikkei
Hang Seng Lifted by China Data, Tech; Yen Drags on Nikkei

Japan’s Nikkei fell to a one-month low as exporters suffered from its currency’s rise while the Hang Seng enjoyed a boost from credit figures and tech optimism

Reserve Bank of India Ramps up Testing of its Digital Rupee
Reserve Bank of India Ramps up Testing of its Digital Rupee

Bankers said on Wednesday the RBI is calling for more lenders to take part in pilot programmes using the e-rupee in a bid to push the number of transactions to a million a day

China Property Stocks Rally on Rescue Package Extension
Thai Baht Rises as Dollar Falls And Vote for New PM Nears
Foxconn Says ‘Committed To India’ After Quitting Vedanta JV
UBS Dumps New China Fund Plan, to Focus on Credit Suisse JV
Hang Seng Rallies on China Stimulus, Nikkei Snaps Losing Run
China’s Gallium Curbs a Headache for EV Carmakers
China State Planner Bids to Win Back Private Firm Support

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Markets: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors